How Much Is My Personal Injury Case Worth?

Orlando Personal Injury Case Worth

One of the most common questions we are asked is “How much is my case worth?” Even though, Attorneys’ may use similar methods of analysis to help determine the value of your case, they also do extensive research. Also, Orlando and the other location in Florida we serve vary as do the from state to state.

The two primary factors in determining case value:

Injuries – Your injuries are going to be the biggest factor in how much your case is worth. The more severe your injuries are, the more value your case has. You’re not going to get as much from a sprained neck or whiplash, than a person who suffered from multiple herniated discs. The pain and suffering, and long term effects are going to be more intense for the person who suffered from herniated discs. They are also going to need medical treatment now and in the future. However, even if you have the most minor injuries from an accident, seek medical attention to make sure that there isn’t anything going on that you may not be aware of.

Following TreatmentPlan – When seeking medical treatment, we will not know how much your case is worth until your doctor evaluates your injuries, treats you on a regular basis, and says you’ve reached your maximum improvement. When that time comes, they will be able to tell us if there is any permanent impairment or not. People who have a broken bone, a herniated disc or a brain injury will require more extensive treatment now and in the future than a sprained neck or soft tissue injury. Extensive injuries escalate the value of your case and minor injuries de-escalate the value of your case.

According to the legal encyclopedia, NOLO there are several other compensation considerations. These are listed below.

Compensatory Damages in Personal Injury Cases

Most personal injury damages are classified as “compensatory,” meaning that they are intended to compensate the injured plaintiff for what was lost due to the accident or injury. A compensatory damages award is meant to make the injured plaintiff “whole” again from a monetary standpoint (to the extent that’s possible). This means trying to put a dollar figure on all the consequences of an accident. Some compensatory damages are relatively easy to quantify — like reimbursement for property damage and medical bills. But it’s harder to place a monetary value on pain and suffering or the inability to enjoy hobbies because of physical limitations caused by lingering accident-related injuries.

Here’s a rundown of the different types of compensatory damages that are common in many personal injury cases.

Medical treatment. A personal injury damages award almost always includes the cost of medical care associated with the accident — reimbursement for treatment you’ve already received and compensation for the estimated cost of medical care you’ll need in the future because of the accident.

Income. You may be entitled to compensation for the accident’s impact on your salary and wages — not just income you’ve already lost but also the money you would have been able to make in the future, were it not for the accident. In personal injury legalese, a damage award based on future income is characterized as compensation for an accident victim’s “loss of earning capacity.”

Property loss. If any vehicles, clothing, or other items were damaged as a result of the accident, you’ll likely be entitled to reimbursement for repairs or compensation for the fair market value of the property that was lost.

Pain and suffering. You may be entitled to get compensation for pain and serious discomfort you suffered during the accident and in its immediate aftermath — also for any ongoing pain that can be attributed to the accident.

Emotional distress. Usually linked to more serious accidents, emotional distress damages are meant to compensate a personal injury plaintiff for the psychological impact of an injury — including fear, anxiety, and sleep loss. Some states consider emotional distress as part of any “pain and suffering” damage that is awarded to a personal injury plaintiff.

Loss of enjoyment. When injuries caused by an accident keep you from enjoying day-to-day pursuits like hobbies, exercise, and other recreational activities, you may be entitled to receive “loss of enjoyment” damages.

Loss of consortium. In personal injury cases, “loss of consortium” damages typically relate to the impact the injuries have on the plaintiff’s relationship with their spouse — the loss of companionship or the inability to maintain a sexual relationship, for example. Some states also consider the separate impact on the relationship between a parent and their child when one is injured. In some cases, loss of consortium damages are awarded directly to the affected family member rather than to the injured plaintiff.

Punitive Damages in Personal Injury Cases

In cases where the defendant’s conduct is deemed particularly egregious or outrageously careless, a personal injury plaintiff may be awarded punitive damages on top of any compensatory damages award. Punitive damages stem from a rationale that is quite different from the justification tied to compensatory damages, which attempt to “make someone whole.”

Punitive damages are awarded to the injured plaintiff, but the real goal of these kinds of damages is to punish the defendant for its conduct — to “hit them in the pocketbook,” so to speak — and to act as a deterrent. Since it isn’t unusual for punitive damage awards to top tens of millions of dollars, most states have set some type of cap on punitive damage awards in personal injury cases.

How Plaintiff’s Actions (or Inaction) Can Affect a Damages Award

In some cases, an injured person’s role in causing an accident — or their inaction after being injured — can diminish the amount of damages available in a personal injury case.

Comparative negligence. If you’re at fault (even partially) for the accident that caused your injuries, chances are that any damage award will reflect that. That’s because most states adhere to a “comparative negligence” standard that links damages to degree of fault in a personal injury case.

Contributory negligence. In the small handful of states that follow the concept of “contributory negligence” for personal injury lawsuits, you may not be able to recover any compensation at all if you’re deemed partially to blame for the accident.

After the accident: failure to mitigate damages. The law in most states expects plaintiffs in personal injury cases to take reasonable steps to minimize or “mitigate” the financial impact of the harm caused by the accident. If an injured plaintiff just sits back and rests on their proverbial laurels when it isn’t reasonable to do so (by failing to get necessary medical treatment after an accident, and making their injuries much worse, for example) a damages award might be significantly reduced.

One of the ways that we determine the value of your case is by doing research on similar injuries sustained in wrecks similar to yours. We research and compare jury verdicts for cases similar to yours. Precedent is widely used in all of law. We also use our experience of handling hundreds of similar cases.

Overall, when you have any type of case with an Attorney, please know that the whole process takes time. It is very hard for an Attorney to know right off the bat how much your case is worth, so even for them, this is a difficult question to answer. They need time to get policy limits from insurance companies, see what your injuries are, speak with your doctor, look over your medical records, and smooth out any bumps in that appear in your case. If you do have questions or want to check on your case, don’t hesitate to call our office. We are here for you.

If you or someone you love has been in any type of accident and have questions, contact us today for hard working experienced lawyer to fight for you.